7,284 Shares in CF Industries Holdings, Inc. (NYSE:CF) Acquired by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,284 shares of the basic materials company's stock, valued at approximately $621,000.

Other hedge funds have also modified their holdings of the company. Checchi Capital Advisers LLC raised its stake in CF Industries by 4.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 2,592 shares of the basic materials company's stock valued at $221,000 after acquiring an additional 108 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after purchasing an additional 122 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of CF Industries by 1.8% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,050 shares of the basic materials company's stock worth $602,000 after purchasing an additional 126 shares during the period. Ballentine Partners LLC grew its position in CF Industries by 2.3% in the 4th quarter. Ballentine Partners LLC now owns 5,646 shares of the basic materials company's stock valued at $482,000 after buying an additional 127 shares during the last quarter. Finally, Coldstream Capital Management Inc. increased its stake in CF Industries by 4.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company's stock valued at $247,000 after buying an additional 135 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity

In other CF Industries news, VP Ashraf K. Malik sold 8,889 shares of the business's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $844,455.00. Following the completion of the transaction, the vice president now directly owns 15,871 shares in the company, valued at approximately $1,507,745. The trade was a 35.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Susan L. Menzel sold 1,500 shares of the firm's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $95.00, for a total value of $142,500.00. Following the sale, the executive vice president now owns 93,986 shares in the company, valued at $8,928,670. This trade represents a 1.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,889 shares of company stock worth $1,130,955 over the last three months. 0.42% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Bank of America raised shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a report on Monday, February 24th. JPMorgan Chase & Co. cut CF Industries from a "neutral" rating to an "underweight" rating and dropped their target price for the stock from $82.00 to $75.00 in a research report on Friday, January 24th. Barclays cut their target price on CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. UBS Group decreased their price target on CF Industries from $92.00 to $90.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Finally, Royal Bank of Canada cut their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $89.86.

CF Industries Price Performance

NYSE:CF traded down $0.04 during mid-day trading on Friday, hitting $76.88. 7,513,372 shares of the company's stock traded hands, compared to its average volume of 2,020,130. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The company has a market cap of $13.03 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 0.37 and a beta of 0.99. The firm's 50 day simple moving average is $84.43 and its 200 day simple moving average is $85.15. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.60%. CF Industries's dividend payout ratio (DPR) is 29.54%.

CF Industries Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.